“The FDJ buyout offer should be announced this Monday morning, before the market opens,” explains Kindred.
La Française des jeux (FDJ) is in the process of submitting a takeover offer for the online gaming operator Kindred which notably owns Unibet, according to a press release published on Sunday. “Kindred confirms a public cash offer from the FDJ», Announces the group listed on Nasdaq in Stockholm. “The FDJ buyout offer should be announced on Monday morning (January 22, 2024), before the market opens», Specifies Kindred. Contacted by AFP on Sunday evening, La Française des jeux did not wish to comment.
“Following press articles (…), Kindred confirms that the FDJ has offered to acquire the entire outstanding share capital of Kindred“, declares the group. THE Wall Street Journal mentioned on Sunday an agreement signed by Française de Jeux “of approximately $2.5 billion for the acquisition of Kindred Group“. Kindred Group is one of the world’s leading online gaming operators, with operations in Europe, North America and Australia. It has 30 million customers spread across 9 brands (Unibet, bingo.com, 32 Red, Maria Casino, etc.)
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The company, which employs approximately 2,500 people, is listed on Nasdaq Stockholm Large Cap and is a member of the European Gaming and Betting Association (EGBA) as well as a founding member of IBIA (International Betting Integrity Association). . In 2023, the FDJ, which has ambitions in gambling, from online poker to horse racing betting, announced that it would buy the operator of the Irish national lottery, Premier Lotteries Ireland (PLI), “for an enterprise value of 350 million euros», becoming for the first time in its history, operator of a lottery abroad.